For Sale
$1,995,000

502 Ojai Ave Ojai, CA 93023

Prime Ojai location, vacant, needs renovation.

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional redevelopment opportunity presents a vacant, iconic restaurant property situated on a half-acre lot in the heart of Ojai, California. Located at 502 W Ojai Ave, 93023, this property boasts a substantial footprint ranging from 2,300 to 3,800 square feet, offering significant potential for a variety of uses. The property is zoned Business/Professional (BP), providing flexibility for adaptive reuse. Ample parking is available with 30 spaces on-site, a significant advantage in this desirable location. The asking price is $1,995,000, reflecting a recent price reduction of $400,000, presenting a compelling investment opportunity for a buyer with vision. The property is currently vacant, allowing for immediate customization and renovation to suit the new owner's specific needs and concept. This prime location in Ventura County offers high visibility and accessibility, making it an ideal site for a thriving restaurant or other commercial venture. The seller is highly motivated, making this a truly exceptional opportunity to acquire a significant property in the vibrant Ojai market. Don't miss this chance to own a piece of Ojai's rich history and create a successful future.

Highlights

  • $1,995,000 asking price.
  • Vacant 2,300-3,800 square foot retail restaurant space.
  • Redevelopment opportunity in Ojai, CA.
  • 0.5-acre lot with 30 parking spaces.
  • Business/Professional (BP) zoning.
  • Broker co-op available.

Property Details for 502 Ojai Ave

Property type
Retail properties, Restaurants
Square Feet
2,300 SF
Lot Size (sq. ft)
21,780 SF

Location Insight

City
Ojai
County
Ventura
State
California
Latitude
34.4463016
Longitude
-119.2517366

FAQs

What type of property is this?
Retail property - Prime Ojai location, vacant, needs renovation.
Where is the retail property located?
The property is located at 502 Ojai Ave Ojai, CA.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: $1,995,000 asking price.; Vacant 2,300-3,800 square foot retail restaurant space.; Redevelopment opportunity in Ojai, CA.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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502 Ojai Ave
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